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Get the free Corporate and Individual Tax Expenditures - Tax Foundation

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TAX FOUNDATION Part III Statement of Program Service Accomplishments521703065Form 990 (2015)123 44aPage 2Check if Schedule O contains a response or note to any line in this Part III Briefly describe
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Collect all the necessary financial and tax-related documents such as forms W-2, 1099, and other income statements.
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Who needs corporate and individual tax?

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Individuals who earn income, such as wages, self-employment income, rental income, or investment income, may need to file individual tax returns.
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Corporations, including both small businesses and large companies, need to file corporate tax returns to report their annual income and pay taxes on their profits.
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In some cases, individuals or corporations may be required to file taxes even if they have no taxable income, for compliance purposes or to claim certain deductions or credits.
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Corporate tax is a tax imposed on the profits of businesses, while individual tax is a tax levied on the income of individuals.
Businesses are required to file corporate tax returns, while individuals are required to file individual tax returns.
To fill out corporate and individual tax, gather all necessary financial documents, accurately report income and deductions, and submit the completed tax forms to the appropriate tax authorities.
The purpose of corporate and individual tax is to generate revenue for the government to fund public services and programs.
Income, deductions, credits, and any other relevant financial information must be reported on corporate and individual tax forms.
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